Asia Markets 6/19/2007
Markets in Asia were slightly higher with the Hong Kong market closed. The Nikkei was up .1% to 18,164. NTT (NTT) was down 1.3% to 553000. Docomo (DCM) was down 2.5% to 194000. Sony…
All Work
Douglas A. McIntyre
Anyone Can Run Yahoo! (YHOO)
With Jerry Yang as the new CEO of Yahoo! (YHOO), one of two things is very likely to happen. First, if investors believe the CNBC crowd, Yahoo! will be broken up or merged. Microsoft…
Cramer Thinks Lumps of Coal Make a Good Gift (ACI, CNX, BTU)
Stock Tickers: ACI, CNX, BTU Tonight on CNBC’s Mad Money, Jim Cramer said that recent pushes out of Democrats are now backing new coal initiatives for coal and for converting coal to fuel. Since…
AT&T Drops DSL Prices Closer To “Free”
AT&T (T) is now offering DSL for $9.99. The same service that has been available for $19.95. The new pricing was part of what AT&T had to give to the FCC to get its…
Will Cisco Systems Keep Jerry Yang On Its Board of Directors?
Stock Tickers: CSCO, YHOO, ADSK, NSM, WFC, BE Good news at Yahoo! (YHOO-NASDAQ)…Jerry Yang, co-founder of Yahoo! is returning to take the CEO helm. But this does bring up an interesting issue. Cisco Systems…
The 52-Week Low Club
Lee Enterprises (LEE) Being in the newspaper business has not been this bad since the flood. Drops to $21.22 from 52-week high of $35.65, after announcing downward guidance. US Airways (LCC) The airline business…
Terry Semel is Out at Yahoo!, Well….Mostly Anyhow (YHOO)
This isn’t quite as good as it COULD have been, but Yahoo! (YHOO-NASDAQ) has finally gotten Terry Semel out as Yahoo!’s CEO. Why do we say he is ‘mostly’ out? He is still remaining…
Sterlite From India: US Market Stock Offering
On Tuesday, we’ll have a special offering that is not a true IPO but is a chance for US investors to be able to invest directly in India without having to leave the US-shores. …
Cramer Reiterates Alcoa Won’t Be On Its Own
On today’s STOP TRADING segment, Cramer said that the Bear Stearns call on FedEx (FDX) is a gutsy call ahead of the quarter. On Wendy’s (WEN) Cramer said now is not the time to…
Wendy’s Is For Sale, But Is There Any Value?
Stock Tickers: WEN, THI, YUM, BKC, MCD When companies announce they will finally start accepting offers to be acquired, it usually creates at least some interest in the stock. When Wall Street has been…
Encysive Pharmaceuticals (ENCY): Another Microcap Biopharma Implodes
U.S. regulators again declined to approve its drug Thelin as a treatment for a life-threatening lung disease. Encysive (ENCY) said it may have to cut costs and staff. The company’s shares took at 50%…
Yahoo! Up on ‘Semel Is Out’ Rumors
Yahoo! (YHOO-NASDAQ) is trading up about 2% in early trading on market rumors that Terry Semel is either out or on his way out. Is this true? Well, he didn’t give this impression just…
The Slaughter House, Q2 Earnings Bleeders: Advanced Micro Devices (AMD)
AMD’s (AMD) problems seem to get worse by the day. Intel (INTC) sales of its Xeon sales have improved at the expense of the AMD Opteron. Jon Peddie Research reports that AMD’s presence in…
IPO Filing: MAP Pharmaceuticals, the New Inhaler
A new inhaled-molecule company named MAP Pharmaceuticals, Inc. has filed for an IPO. Underwriters are listed as Merrill lynch, Morgan Stanley, and Deutsche Bank. It has a proposed stock ticker of "MAPP" on NASDAQ.…
Apple’s (AAPL) Better Battery
Apple’s (AAPL) iPhone battery will not be a bust. Expect the stock to get another kick upstairs. Rumors have been circulating for months that one of the problems with the iPhone is that it…
Gannett’s (GCI) Dark May
Gannett’s (GCI) revenue declines as numbers for The New York Times (NYT) and other newspaper companies appear to be quicken their downward movement. Gannett was no exception. Total revenue for the month of may…
Finish Line Acquires Genesco; Too Much Diversity? (GCO, FINL)
It is always a bit puzzling when you see a $600 million company make an acquisition of a company for $1.5 Billion. This morning, Finish Line (FINL-NASDAQ) has announced that it will acquire Genesco…
Pre-Market Stock News (June 18, 2007)
(AA) An ALCOA bid from BHP may be kindled according to numerous M&A reports.(ADVNA) Advanta trades ex-split to reflect a 3-2 stock split.(AGU) Agrium said earnings will be at or above the upper end…
Earlybird Analyst Calls (June 18, 2007)
ADP started as Sector Perform at CIBC.ANDW cut to Neutral at B of A.ASN cut to Sector Perform at RBC.CKFR raised to Outperform at CIBC.CPS cut to Sector Perform at CIBC.EFD cut to Sell…
Europe Markets 6/18/2007
Europe markets were mixed at 6.45 AM New York time. The FTSE fell .1% to 6,728. Barclays (BCS) was up 1.1% to 749. British Airways (BAB) was up 1.5% to 446. Pearson (PSO) was…